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Category Archives: Estate Planning

attorney discussing about choosing an executor

Qualities You Want In Your Executor

By Nici Law Firm, P.L. |

An Executor’s Qualities Matter so Choose Wisely Whether you’re just now writing your will or you’re revamping your estate plan, you’ll need to choose someone to be an executor. Better—once you choose, consider naming an alternate executor in case the first one can’t fulfill the job. If you’re thinking about a family member for… Read More »

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lawyer discussing about estate planning to couples

Types of Trusts in Estate Planning

By Nici Law Firm, P.L. |

Use of Trusts in Estate Planning One of the easiest ways to ensure that your assets are handed down to your beneficiaries is to establish at least one trust in your estate plan. Aside from a will, trusts are also one of the best ways to ensure that your affairs are handled in the… Read More »

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contract showing healthcare and power of attorney

The Importance of Advanced Directives

By Nici Law Firm, P.L. |

Naples, FL Advanced Directive Attorney Jim Nici Advance directives refer to any legal documents that explicitly state your decisions regarding your end-of-life care and other decisions should you be unable to do so. These documents are designed specifically to handle situations where an individual, for whatever reason, can no longer make their own decisions… Read More »

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two people discussing about charitable trust

Two Types of Charitable Trusts

By Nici Law Firm, P.L. |

A charitable trust refers to a type of trust created to benefit three specific parties: yourself, your beneficiaries, and a charity of your choosing. Irrevocable upon creation, a charitable trust operates by selling the assets within the trust and distributing them based on the terms created by the trust. While the inner workings of… Read More »

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lady looking at estate planning contract

Estate Planning for Singles

By Nici Law Firm, P.L. |

Probably one of the most common mistakes of singles is not to have an estate plan.  First of all, there is no qualifying age to create an estate plan. You may have to be 18 to vote and 21 to purchase alcohol, but if you want to make an estate plan when you’re 15,… Read More »

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attorney discussing estate planning after divorce

Revising Your Estate Plan After a Divorce

By Nici Law Firm, P.L. |

Your Naples estate plan must be reviewed and revised after any significant life event, especially a divorce. This update needs to include more than just a new will. Below are five issues that must be addressed when estate planning after a divorce in Naples, Florida. 1. Create a New Will If you were like… Read More »

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Estate Planning Spurred by the Pandemic

By Nici Law Firm, P.L. |

By most estimates, the majority of Americans do not have an estate plan in place. Topics like death and sickness are easier to avoid than deal with so estate planning often gets pushed to the backburner. However, the COVID-19 pandemic has shown us that you never know what the future holds and that the… Read More »

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Florida Homestead and Estate Plan

Florida Homestead and My Estate Plan

By Nici Law Firm, P.L. |

The Florida homestead law is an important consideration when creating your Naples estate plan. It offers some of the strongest protections from creditors and bankruptcy in the country. If you are a Naples resident and property owner, it is critical to understand Florida homestead and how it can affect your estate plan. What are… Read More »

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asian couple meeting with lawyer for estate planning

Estate Planning for a Family Business

By Nici Law Firm, P.L. |

Estate planning for your Naples family business is crucial for the success of your business and the continuation of your family’s income. It is easy to get overwhelmed with the day-to-day tasks of running a family business, but estate planning is not something you should put on the backburner. A significant majority of family… Read More »

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a book with estate planning written on it

Estate Planning for the Single Person

By Nici Law Firm, P.L. |

It is a common misconception that single individuals do not need an estate plan. This harmful myth could not be farther from the truth. Everyone can benefit from a comprehensive estate plan, especially singles without obvious heirs. Below are five of the most important things that singles living in Naples, Florida should remember about… Read More »

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